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1-Bedroom Apartment for Sale in La Blanqueada

Monte Caseros, Montevideo, Montevideo, Uruguay

$152,900

+ $4,500 / month HOA
For Sale
  • 2Bedrooms
  • 1Bathrooms
  • 379 sq ftLiving area

About this home

A new development in La Blanqueada, a neighborhood known for its sustained growth, proximity to health and educational facilities, and excellent connectivity to various parts of Montevideo. Its strategic location makes it a high-demand area for both residential living and investment. VENTURA TRES CRUCES consists of 39 units, comprising 17 one-bedroom apartments, 16 two-bedroom apartments, and 6 studio apartments (currently sold out). The units feature functional layouts, ample natural light, and high-quality finishes. The project is located at the intersection of Garibaldi and Monte Caseros, in a key spot within the neighborhood due to its accessibility and nearby amenities. The building is part of the second phase of the Ventura Tres Cruces development, the first building of which has already been constructed. It features multiple residential levels, units efficiently laid out on each floor, and a total of 50 parking spaces to meet the project’s needs. Project Features: A solidly constructed residential building with well-laid-out units, modern common areas, and a concept designed for both end-users and investors. Amenities: Reception area 2 barbecue areas Green spaces for children Coworking space Gym Digital access to units Prices: Parking spaces starting at USD 20,500 Real estate commission: 3% + VAT (paid upon signing the purchase agreement) Closing costs: 4% Estimated Delivery: Immediate Delivery Affordable Housing Apartments covered by the Affordable Housing Law offer significant benefits to buyers Exemption from the Property Transfer Tax (2% of the assessed value) VAT exemption Exemption from wealth tax for 10 years Exemption of up to 100% of income tax on rental income for 10 years, depending on the property’s location Investing in a project under construction provides access to units with an excellent price-to-quality ratio and the potential for appreciation as construction progresses. In a market with many options, choosing a project with solid fundamentals and a strong location is key to maximizing your return. Take advantage of this opportunity! We look forward to hearing from you; we want to help you take the next step toward fulfilling your dream. RAZA PROPIEDADES We Are the Future of Real Estate RBU71700 AP7964893

Buying in Uruguay as a foreigner

Yes, foreigners can buy property in Uruguay.

A purchase is normally formalized through a public deed, notarial involvement and registration with the Property Registry.

Near coasts and borders
Uruguay does not apply a nationwide restricted zone for foreign buyers equivalent to Mexico's coastal zone or border strips in other countries. This field is retained only to preserve the common schema.
Residency
Tax residency available for property investment of ~$380,000 USD (plus 60 days presence). Path to citizenship is clear.
Taxes and closing costs
They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
Financing
Financing for foreign buyers depends on the lender, residency, income, financial history, currency, down payment and property type.

How buying works

  1. Identification and funds

    Prepare a valid passport or identification, powers of attorney where applicable and source-of-funds documentation.

  2. Title due diligence

    The notary reviews ownership, cadastral parcel, registry history, liens, debts, plans and the property's legal status.

  3. Reservation or purchase agreement

    Define price, currency, deposit, conditions, timelines and allocation of costs.

  4. Deed and registration

    Execute the public deed, pay applicable taxes and fees and register the document with the corresponding Property Registry.

This information is general and educational. Taxes, costs, documentation requirements and transaction-specific conditions should be verified with a notary, attorney, accountant, bank or competent authority. Research last reviewed July 2026.

Amenities

Indoor & Comfort

  • Gym
  • WiFi

Outdoor & Recreation

  • BBQ Area
  • Balcony

Security

  • 24/7 Security

Building Services

  • Elevator
  • Coworking

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$152,900

Concierge